3.4 26-0691 Subject: Resolution Submitting To Voters The Oakland Shelter Access For Encampment Response ("SAFER") Act From: Councilmember Wang Recommendation: [TITLE CHANGE] [NEW TITLE] Subject: Resolution Submitting To Voters Measures To (1) Amend The Real Property Transfer Tax Foreclosure Transactions Exception (2) Advise That Increased Revenue Be Spent On Interim Shelter, Among Other Related Homelessness Services Recommendation: Adopt A Resolution Submitting To The Voters At The November 3, 2026, General Municipal Election (1) A Measure To Amend Oakland Municipal Code Chapter 4.20 (Real Property Transfer Tax) To Amend The Exception For Foreclosure Transactions; And (2) An Advisory Measure On Whether The Increased Revenue From Amending The City's Real Property Transfer Tax To Include Foreclosure Transactions Should Be Spent For The Purposes Of Providing Interim Shelter, Transitional Housing, Encampment Closure Operations, Addiction Treatment, Job Readiness, And Other Related Homelessness Services; And Directing The City Clerk To Take Any And All Actions Necessary Under Law To Submit These Measures To Voters At The General Municipal Election; And Making Appropriate California Environmental Quality Act Findings; On The May 28, 2026 Rules And Legislation Committee Agenda [OLD TITLE] Adopt A Resolution Submitting To The Voters At The November 3, 2026 General Municipal Election The Oakland Shelter Access For Encampment Response ("SAFER") Act To, Among Other Things: Amend Oakland Municipal Code Chapter 4.56 (Vacant Property Tax) To Allocate Special Tax Revenues To The Oakland Shelter Access For Encampment Response Fund ("FUND") For The Purposes Of Providing Interim Shelter, Transitional Housing, Encampment Closure Operations, And Other Related Homelessness Services; And Amend Oakland Municipal Code Chapter 4.20 (Real Property Transfer Tax) To Impose An 8-Year Special Commercial Real Estate Transfer Tax Surcharge Of 0.25% On Transfers Of Real Property More Than $2 Million To $5 Million 0.5% On Transfers Of Real Property More Than $5 Million To $10 Million And Of 1% On Transfers Of Real Property Above $10 Million With Revenues Allocated To The Fund; And Directing The City Clerk To Take Any And All Actions Necessary Under Law To Submit This Measure To Voters At The General Municipal Election; And Making Appropriate California Environmental Quality Act Findings